By Michael T. Wherry, CPA, Director/Shareholder and Ted Blendermann, CPA Director/Shareholder, McClintock & Associates, PC
While news stories over the past few years related to the postsecondary school sector have focused on compliance regulations, admissions processes, outcomes, and student debt, a new accounting standard set to take effect in a couple of years will have a significant impact on the U.S. Department of Education’s annual composite score ratio. As is normally the case, the potential effect on all postsecondary institutions is detrimental.

By James (Jim) A. Bologa, President and Chief Executive Officer, Porter and Chester Institute and YTI Career Institute
The purpose of this article is to share what MAPCS went through to form a regional state association and to inform other private career school state associations of the benefits and challenges associated with this process.

By Sandi O’Connell, Vice President of Operations, Financial Aid Services, Inc.
An institution must be sure it understands its responsibilities when contracting with a third-party servicer. The Department of Education expects an institution to understand the relationship of who does what and who is liable for what.

By Darren K. Sharp, Partner, Co-leader of the Higher Education Industry Team, Armstrong Teasdale
College students with disabilities are afforded legal rights under the Americans with Disabilities Act (ADA), as amended, and Section 504 of the Rehabilitation Act (§504), including the right to seek reasonable accommodations from their schools to participate and succeed in their academic careers. This article addresses the more common legal accommodations provided under applicable federal statutes.

By D. Sherwin Hibbets, Director of Regulatory Affairs, FAME
Higher education institutions are held responsible for the cost of attendance (COA) budgets they utilize in awarding Federal Student Aid. But, what actually is a COA budget, and how are they determined?

By Tom Netting, Co-Executive Director, CSPEN and Aaron Shenck, Executive Director, PAPSA
PAPSA and CSPEN collaborated on the circulation of an anonymous survey seeking additional information and a status report on where ACICS-accredited schools are in the process of transitioning from ACICS to a different accrediting agency or agencies. This article discusses those results.

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